Finance Quiz: Sharpen Your Financial Skills and Knowledge Today!

The FinTech industry hoped for a surge in SPACs, or special-purpose acquisition companies, also known as "_________ check" companies, in late 2021.

Capital ____________ occurs when you sell a stock for more than it was worth when you bought it.

How much of a deposit will be required from a buyer of a home that costs $300,000 if the buyer has already committed to making a down payment equal to 20% of the purchase price?

What is the name given for the practice of giving family and friends priority when recruiting, despite the fact that there may be other candidates who are more qualified for a particular position?

What type of nut is commonly referred to as "amande" in French and is used to make the flour in a traditional French tea cake called a financier?

In the United States, Social Security is officially known as OASDI, which stands for "Old Age, Survivors, and Disability ____________ ." What word should fill in the blank?

What is a statement of financial position, which lists a company's assets, liabilities, and equity? It can be used to calculate financial returns and the capital structure of a company.

What kind of investment was made possible by the Taxpayer Relief Act of 1997? It is named after a senator from Delaware. This type of investment is set apart by the fact that contributions are not tax-deductible.

What three words are most often associated with the financial term ETF, which is becoming increasingly popular as a way to gain exposure to a broader range of investments?

_____ finance, or DeFi for short, eliminates the need for banks and exchanges by utilizing blockchain technology and smart contracts.